ETH Mining Profits

in LeoFinance •  last month 

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ETH mining profit update

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A quick recap on my small mining rig, which is currently mining ETH with the current upcoming bull run and the switch for Proof of Stake for ETH, I think it's very wise to stack up on some of it.

The current Cashout amount is .09 ETH and at my current mining hash power,image.png I need about 4 days to hit my min cash out. I am at the moment just mining with two RX 2700 XT which both do an average of 50 Mh/s This being Stock.

With 4 more cards, I can be hitting a bit over 300 Mh/s, again though with the increase of ETH being imminent

Proof of Stake

Proof of stake (PoS) is a type of consensus algorithm by which a cryptocurrency blockchain network aims to achieve distributed consensus. In PoS-based cryptocurrencies, the creator of the next block is chosen via various combinations of random selection and wealth or age (i.e., the stake).

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This is me staking as much as I can of ETH before it skyrockets. 🚀🚀 of course, all these are estimates and it can also take longer if more Hashing power is being directed to ETH.

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